Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Nathan _in_Arkansas

If the payment is a gift, it’s not taxable to the recpient.


4 posted on 12/31/2021 8:03:16 AM PST by Mr. Lucky
[ Post Reply | Private Reply | To 2 | View Replies ]


To: Mr. Lucky

If the payment is a gift, it’s not taxable to the recpient.

I believe there are limits.


5 posted on 12/31/2021 8:05:01 AM PST by Flick Lives
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Mr. Lucky

What’s annual limit now on gifting.....forty per person?


19 posted on 12/31/2021 9:21:34 AM PST by wardaddy (Do we really think a culture vested in transgenderism can defeat 6000 years of mankind so easily...)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: Mr. Lucky
If the payment is a gift, it’s not taxable to the recpient.

Payments to employees, even if gratuitous in nature, will be deemed taxable compensation not gifts.

21 posted on 12/31/2021 9:25:07 AM PST by KevinB (''...and to the Banana Republic for which it stands ...")
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson